A recent survey of 2,000 individuals has revealed that one fifth of those aged 65 or over is spending over £7,000 on a holiday... and that's without the cost of paying for flights and accommodation! The £500 a day spending money figure is used on trips lasting a fortnight on things such as excursions, boat rides, food shopping and spa treatments. Well, who says retirement has to be boring!
Top ten things that over 65's spend money on whilst abroad:
The survey also showed that one in ten travellers over 65 would travel for a minimum of 18 days, compared to only 4% of 30-40 year olds who are still working. Perhaps individuals are choosing to work more in order to save for their retirement, whereas others may be working too hard and putting off travelling until their later years (or not at all!) - It's important to get the balance right.
It's great that the older traveller is enjoying what the world has to offer and living their life to the full by going abroad and trying new things, however it's important that they have a travel insurance policy that covers them for any unexpected eventualities that may occur. At Alpha, we are pleased to be able to offer a wide range of insurance policies to suit all types of traveller - we are very proud to be one of the few companies that offer tailored policies up to the age of 115, so that you can really live your life to the full, no matter your age.
Alpha Travel Insurance and alphatravelinsurance.co.uk are trading names of Infinity Insurance Solutions Ltd which is authorised and regulated by Financial Conduct Authority: FRN 528912 © Infinity Insurance Solutions. 1 Tower View, Kings Hill, West Malling, Kent. ME19 4UY. All rights reserved